- Supply and demand volatility in oil, gas, and petrochemical markets.
- Economic conditions and recessions.
- Government regulations and policies, including those related to greenhouse gas emissions.
- Climate change and the energy transition.
- Competition from alternative energy sources.
- Geopolitical risks and security concerns.
- Cybersecurity threats.
- Regulatory and litigation risks.
- Inflationary pressures.
Exxon Mobil Corporation
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2019 | 120 million metric tons CO2e (2019) |
| 2017 | 122 million metric tons CO2e (2017) |
| 2016 | 125 million CO2-equivalent metric tons |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Acquired Denbury Inc., expanding CO2 pipeline network and carbon capture capabilities.
- Started up Beaumont Refinery expansion, increasing capacity.
- Started up Strathcona Renewable Diesel project.
- Progressed Singapore Resid Upgrade project.
- Achieved zero routine flaring in Permian operations.
- Reduced emissions at Baytown chemical complex by up to 30% (potential with hydrogen facility).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 10% by 2025 (not explicitly stated, but implied by general commitment to emissions reduction)
📅 Medium-term
- Achieve net-zero Scope 1 and 2 emissions in unconventional Permian Basin operated assets by 2030.
- Produce enough lithium to supply 1 million electric vehicles per year by 2030.
🔭 Long-term
- Achieve net-zero Scope 1 and 2 greenhouse gas emissions in operated assets by 2050.
🌱 ESG Focus Areas
Climate ChangeSafetyDiversity & InclusionCommunity InvestmentEmissions Reduction